Patterns of Retail Gasoline Price in Canada

Retail gasoline price in Canada varies over time and location. There are efforts to find out reasons and patterns of such variability in different locations. However, the variability from one day to the next in a week has not been explored. Plus, how much of such variability is caused by the change in wholesale price and crude oil price and how much of those changes are principally demand-driven is an area to be explored. Specifically, · Is there a variation of prices from one day to the next in a week, i.e., from Monday to Tuesday, from Tuesday to Wednesday, from Wednesday to Thursday, from Thursday to Friday? · If there is such a variation, hoy much? Is there a difference between one pair of days than another pair of days? What day has the highest price and what day has the lowest price? · Are there any locational differences of such price variations? Are there any differences among provinces or cities within province? · How much of this price variation is due to changes in whole-sale price and crude oil price? · Is there any profit motive to exploit higher consumer demand? How much of this is demand-driven? Are there any variations is retail gasoline sale from one day to the next within a week?